Country / Region: Hong Kong
About KGK Group:
KGK Group, a multinational corporation founded in 1905 involving in the mining, sourcing, manufacturing and distribution of coloured gemstones, diamonds and jewellery, has mastered the art of balancing its business. One of the main reasons behind KGK’s success is its implementation of guidelines that promote good business ethics and best practices. The group makes it a point to work with responsible parties, making it the preferred buyer of three of the world’s leading diamond miners – De Beers, Alrosa and Rio Tinto. KGK is Best Practice Principles-compliant and Responsible Jewellery Council-certified. The company also places importance on data privacy with most of the computer data for inventory and logistics maintained through software that was developed in-house by its IT teams in China and India. All information exchanges are monitored carefully at regular intervals.
What the judges have to say:
Because of its vertically integrated mines-to-retail operations model, KGK has made a distinct mark in the gemstone and jewellery industry by offering competitive advantages. It invests heavily on technology and innovation to meet its promise of providing high quality and value, and fast-delivery cycles to customers. KGK’s fully digitised design and manufacturing processes have helped create a seamless flow of production from the use of 3D CAD/CAM tools and laser cutting, soldering and setting, to fire assay testing and pressure setting. Its creative team, composed of talented jewellers, follows a technical workflow that involves customised designs.